Quote from: JayJuanGee on Today at 07:30:43 PM

Quote from: Xcode7 on Today at 05:31:00 AM

Quote from: Ricardo11 on July 23, 2025, 07:59:25 PM

Those who panic at the slightest drop in the market are not long-term investors, in the case of Bitcoin investment, it is necessary to maintain your portfolio with a long-term perspective, because Bitcoin is a long-term asset that only brings real success in the long term, so patience and consistency are most important in the case of short-term volatile investments like Bitcoin. Those who invest regularly in the DCA method can definitely achieve good success, because their portfolio continues to accumulate at the average price, so volatility is not a problem for them and it is important to maintain this mentality, a real investor never panics during volatility.

More precisely, those who panic are newcomers or investors new to Bitcoin. If someone has been familiar with Bitcoin for a long time, I'm sure they wouldn't panic, whether they're looking for a long-term investment or a short-term investment to make quick profits.
Regardless of all that, I think those of us who want to invest long-term are actually a little happy if a price correction occurs, allowing us to buy more using the DCA method when the time comes. I think we all share this belief about the future.

It seems to me that the newer any of us are in accumulating bitcoin, then the happier we are about BTC price drops since we are not losing anything because we hardly have any bitcoin, so when the BTC price goes down by $10k we are happy that we can buy more bitcoin at lower prices (so we get more satoshis for the amount of dollars that we have. Yet, the more that we get invested into bitcoin and the more bitcoin we accumulate. .let's say that after 6 years we had the fortune of accumulating 2 bitcoin and we had been investing around $150 per week in order to be able to get to that level in the past 6 years, so then since we had accumulated a good sized bitcoin stash, we become more biased in favor of up rather than down, since even if we might have $500 that we might be saving to buy the dip, yet if the BTC price dips down from $120k to $110k, we get a drop of $20k in our net worth.. .. yet if we are able to use our $500 to buy 0.00454545. We have been able to buy more bitcoin at the $10k lower price, since at $120k, we would have had ONLY been able to buy 0.00416667 BTC, so we were able to accumulate an additional .00037878 BTC for the same $500.. so sure we feel better, to be able to accumulate some extra BTC, yet largely we would prefer the BTC price to go up rather than going down, since each time we are stacking bitcoin, we are ONLY adding a small amount to our bitcoin holdings as compared with how much we were able to 6 years earlier.

Surely, with 2 BTC, we still do not even have close to enough BTC, so we may well be torn about whether we want the BTC price to do up or to go down, yet we likely would still be stacking, especially if we might be thinking that we need $50k or more of passive income from out bitcoin before we would be ready to start to sustainably withdraw from it.. and right now, we consider that we would need to have at least 10 BTC to sustainably withdraw $50k per year from our bitcoin holdings, since right now we consider that 2 BTC ONLY allows right around $10k per year of sustainable withdrawal so we consider that we either need to hold for another 5 or 6 years or to keep stacking, which might bring our time down to 4-ish more years of stacking before we might be able to have a sustainable withdrawal of $50k per year.

By the way, with your forum registration date that is just over 8 years (or two cycles), you may well be ONLY wanting to buy dips and/or other waiting your time, since if we even take the above example of 8 years, of investing at $150 per week, as described above, you would be very close to reaching your goal of 10 BTC, yet since you ONLY would have around 8 BTC if you had been investing $150 per week for the past 8 -ish years, you would still likely be able to withdraw $50k per year in a sustainable way from 8 BTC in a year from now, whether you continue to stack or not ...and yeah, sure maybe buying on dips still has some applicability. By the way, I am not saying that you have 8 BTC or that you were able to invest at $150 per week for the past 8 years, even though it is an applicable example of a situation of a guy that could have had invested 10% of his income into bitcoin over the past 8 years would be close to being at overaccumulation status..

Quote from: ruykeri on Today at 07:23:23 AM

Which we can understand by looking at the status of Bitcoin over the last 10 years. If someone can own 10 Bitcoins by investing regularly over the next 10 years, they can live off of a minimum annual withdrawal of $50,000 without having to do any other work. This will be the best way of future security .

Your explanation is not clear. Right now, if a person has 10 BTC, then he could sustainably withdraw $50k per year forever into the future, even accounting for something like a 7% ongoing debasement of the dollar (or inflation).

If someone currently does not have any bitcoin and they are investing for the next 10 years, they likely will not need 10 bitcoin in order to have a sustainable income of $50k per year. They will likely ONLY need to have right around somewhere around 1.25 BTC, yet in order to invest for 10 years and get at least 1.25 BTC, then a person may need to invest more than $400 per week, since $100 per week is $5,200 per year, then $400 per week would be $20,800 per year, and so $208k over 10 years. it may not be enough for even 1 BTC... even though it is quite likely that 1BTC will still get you quite a lot in the future, but it might not be easy to accumulate 1 BTC for most people... and we also cannot plan specifics 10 years in the future, even though maybe we can try to figure out how many BTC we might be able to get into the future.

Accumulating 10 BTC is quite a lot more difficult for a newbie, yet it might not be as difficult if someone has already accumulated a good portion of that over the past cycle or two. We need to try to describe examples that are somewhat realistic, accounting for what we know and theorize about bitcoin.

This has be one of the grounded takes i have ever see on Bitcoin accumulation, especially the way we feelings shift as our stacks grow, i totally agree to the idea that in the early days price drops feel like a reward because we are getting started stacking hard but as your position increase even a $10 dips starts to feel like a blow gut instead or despite the buying opportunity. The trade off becomes real we also want our existing package grow stronger, the part about requesting less BTC in the future we generate same passive income about realistically over 20 years the buying of 1 BTC can change dramatically. Your explanation is not only rational but it helps people trying to keep a long term plan if we are patience and disciplined